Weiss Ratings Reiterates “Sell (D-)” Rating for Offerpad Solutions (NYSE:OPAD)

Offerpad Solutions (NYSE:OPAD)‘s stock had its “sell (d-)” rating reissued by analysts at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

OPAD has been the topic of a number of other reports. Wall Street Zen cut Offerpad Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Keefe, Bruyette & Woods upped their target price on Offerpad Solutions from $1.00 to $1.15 and gave the stock a “market perform” rating in a report on Tuesday, August 12th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Offerpad Solutions has an average rating of “Reduce” and an average target price of $2.22.

Offerpad Solutions Price Performance

Shares of NYSE:OPAD opened at $2.33 on Friday. The firm has a market capitalization of $71.37 million, a price-to-earnings ratio of -1.13 and a beta of 2.34. Offerpad Solutions has a one year low of $0.91 and a one year high of $6.35. The company’s fifty day moving average price is $3.85 and its 200-day moving average price is $2.17.

Offerpad Solutions (NYSE:OPAD) last released its quarterly earnings results on Monday, August 4th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.01). Offerpad Solutions had a negative net margin of 8.08% and a negative return on equity of 132.77%. The firm had revenue of $160.30 million for the quarter, compared to analysts’ expectations of $178.91 million. Offerpad Solutions has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Offerpad Solutions will post -2.16 EPS for the current year.

Institutional Investors Weigh In On Offerpad Solutions

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new stake in shares of Offerpad Solutions during the 1st quarter worth approximately $32,000. AQR Capital Management LLC raised its stake in Offerpad Solutions by 69.6% during the first quarter. AQR Capital Management LLC now owns 24,308 shares of the company’s stock valued at $40,000 after purchasing an additional 9,979 shares in the last quarter. Jane Street Group LLC purchased a new stake in Offerpad Solutions during the second quarter valued at $44,000. Finally, Ieq Capital LLC purchased a new stake in Offerpad Solutions during the first quarter valued at $353,000. 39.44% of the stock is currently owned by hedge funds and other institutional investors.

About Offerpad Solutions

Offerpad Solutions Inc, together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online.